.- Work with a realtor who has experience with 1031 exchanges (whether it's as an investor or helping past clients)

Touch Stay is pretty cool, I have no experience with it but it definitely looks cool!

Happy to share my experiences and chat with you more if you're interested.

Anybody have any experience with these guys?

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Happy to chat about my experience there or send some resources that might be helpful.

Because of his experience, he knows plenty of people that he has worked with in the past that I would hire to renovate.

Can someone with experience and knowledge regarding this city please comment and give feedback to evaluate this opportunity?

I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.

Little money but he has a great time and makes the most of experiences.